$BAT / USDT Showing Bearish Pressure on Binance ๐Ÿ“‰

Basic Attention Token ( $BAT ) is currently trading at $0.1299 on Binance, down by 0.84% on the 4-hour chart and 4.20% overall.

The 4-hour chart indicates a prevailing bearish sentiment. The price has been struggling to maintain upward momentum and is currently trading near the 24-hour low of $0.1276. The 24-hour high reached $0.1411, highlighting the recent downward trajectory.

The immediate support level to watch is the 24-hour low at $0.1276. A break below this could lead to further downside towards potential support around $0.1260 or lower. On the upside, resistance is likely around the $0.1320 and $0.1340 levels. A sustained move above these could signal a potential short-term recovery.

Key Levels to Watch:


Potential Support: $0.1276, $0.1260
Potential Resistance: $0.1320, $0.1340, $0.1360

Traders should remain cautious and monitor volume for confirmation of any potential breakouts or breakdowns. The current trend suggests continued bearish pressure in the short term.

#BAT #BasicAttentionToken #Trading #Bearish #TechnicalAnalysi